On March 4, 1933, at the height of the Great Depression, Franklin
Delano Roosevelt was inaugurated as the 32nd president of the
United States. In his famous inaugural address, delivered outside
the east wing of the U.S. Capitol, Roosevelt outlined his “New
Deal”—an expansion of the federal government as an instrument
of employment opportunity and welfare—and told Americans that
“the only thing we have to fear is fear itself.” Although it was a
rainy day in Washington, and gusts of rain blew over Roosevelt
as he spoke, he delivered a speech that radiated optimism a
nd competence, and a broad majority of Americans united
behind their new president and his radical economic proposals
to lead the nation out of the Great Depression.